Ready to Make Your Move?
Text or Call David and Tom
720-408-7409

Front Range Real Estate Market Reports

Metro Denver Home Inventory vs. Home Prices, January 2010 through January 2021

Denver Real Estate Buyers, Denver Real Estate Sellers, Front Range Real Estate Market Reports /

The Principal Team’s Ultimate Home Selling System ensures your home is exposed to the maximum possible number of prospective buyers and that you earn top dollar with our “Full Service without the Fees” lower commission home sales program. If you’re thinking of selling this season, give us a call to learn specifics about your market. Call The Principal Team […]

Metro Denver Home Inventory vs. Home Prices, January 2010 through January 2021 Read More »

How will the new administration affect real estate and housing?

Buying a Home, Front Range Real Estate Market Reports /

People are wondering what impact the new president will have on real estate. We can’t predict the future, but we do know quite a bit about President Biden’s plans. In general, the administration hopes to make owning a home more affordable. One way they hope to accomplish this is by implementing a first-time homebuyer tax credit.

How will the new administration affect real estate and housing? Read More »

Front Range Real Estate Market Update, 1/7/2021

Buying a Home, Denver Real Estate Buyers, Denver Real Estate Newsletters, Denver Real Estate Sellers, Front Range Real Estate Market Reports /

We ended 2020 with a record-low number of homes on the market – just 2,541. The average number of homes for sale at the end of December is 12,941. With such low inventory, the market strongly favors sellers. The average closed price was up 5.44% compared to 2019. Despite the pandemic-induced stand-still in the market during

Front Range Real Estate Market Update, 1/7/2021 Read More »

Front Range Real Estate Market Update, November 5, 2020

Buying a Home, Denver Real Estate Buyers, Denver Real Estate Newsletters, Front Range Real Estate Market Reports, Selling a Home /

Market Update, November 5, 2020 Home prices continued to climb in October. The average price for a single-family home sold was $625,100, while the average for attached homes was $393,733. We saw the lowest number of active listings for any October ever, which definitely had an impact on prices. There were just 4,821 homes for sale, almost 2,000

Front Range Real Estate Market Update, November 5, 2020 Read More »

Front Range Real Estate Market Report – October 15, 2020

Front Range Real Estate Market Reports /

Mortgage rates hit another record low this week. This is the tenth record low this year – 2.81% for a 30-year-loan, according to Freddie Mac. A year ago, the average was 3.69%. This is helping drive buyer demand, but, according to the Mortgage Banker’s Association, applications decreased 0.7% compared to last week. Speaking of mortgages, in

Front Range Real Estate Market Report – October 15, 2020 Read More »

Front Range Real Estate Market Update, August 27, 2020

Denver Real Estate Buyers, Denver Real Estate Sellers, Front Range Real Estate Market Reports /

Every home in America just got a flood-risk score. Your home – and any home you may purchase – has an easy-to-access “Flood Factor” score that “is an indicator of its comprehensive flood risk” and shows a property’s “likelihood of flooding and the potential depth of that flood.” FEMA flood maps can be unreliable predictors of future flooding and

Front Range Real Estate Market Update, August 27, 2020 Read More »

Front Range Real Estate Market Update, August 20, 2020

Denver Real Estate Buyers, Denver Real Estate Newsletters, Front Range Real Estate Market Reports /

There are more buyers than homes available and buyers are competing to purchase homes. Multiple-offer situations can be frustrating. Being prepared, having a strategy and being patient and open to change can help. Every buyer should be pre-approved for a loan. Pre-approval is conditional approval for a loan and requires that you complete a mortgage

Front Range Real Estate Market Update, August 20, 2020 Read More »

Front Range Real Estate Market Update, August 6, 2020

Denver Real Estate Buyers, Denver Real Estate Newsletters, Denver Real Estate Sellers, Front Range Real Estate Market Reports /

There still aren’t enough homes for sale in Metro Denver to satisfy buyer demand. Statistics for July indicate scarcity of choice was one reason detached homes sold at a record average price last month – $601,863. This is nearly ten percent higher than a year ago (9.92% to be precise) and up 7.68% compared to

Front Range Real Estate Market Update, August 6, 2020 Read More »

Not finding what you’re looking for?
 
We’re happy to help. If you’re not finding the perfect home or neighborhood, please contact us. We’ll help you find just what you’re looking for. If there are no homes available in the neighborhoods you like, we’ll notify you when homes that could work for you go on the market. Questions about the current market, the purchasing process or about selling your home? Contact us.
 

Fill out the form on this page or call The Principal Team at 720-408-7409.

You can also schedule a free, no-obligation consultation.